" Europe’s reaction to the UK’s referendum was dominated by the same harsh response that greeted Greece’s June 2015 ballot-box rejection of its bailout package. Herman Van Rompuy, former European Council1 president, expressed a widespread feeling when he said that Cameron’s decision to hold a referendum “was the worst policy decision in decades.” In so saying, he revealed a deep antipathy toward democratic accountability. "

― Joseph E. Stiglitz , The Euro: How a Common Currency Threatens the Future of Europe